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To extend your Harvard example, yes the genius needs a stamp of approval from Harvard totally agree it's the best there is But if the genius already founded an

To extend your Harvard example, yes the genius needs a stamp of approval from Harvard totally agree it's the best there is But if the genius already founded and is running a growing business at $800k MRR, then maybe she shouldn't pay the 7% entrance fee to get Harvard stamp of approval right Stamp of approval is great. All I'm asking is, where is the line when cost/benefit makes sense. Can't be infinity right

will_brown 10y ago
If you are in the business of supplying startups with healthy snacks and a sales person came along and said hey I can bring you 620 new accounts for 7% would you take that deal? Now consider they sweeten the pot and say I'll also give you $120,000 up front; on top of that I bring connections to money guys; also connections to 1,000s of people who have already been where you are trying to go that are notoriously helpful; and I have a track record of touching things that turn to gold and while there are no guarantees the second you make this deal I guarantee you will get media coverage and every opportunity to succeed. I know personally asked to forego the Fellowship financial investment for a credit to Gigster to develop apps for my beta, of course that was ignored, but a deal I am sure any non-technical person would make any day of the week if they were serious about success.